MARYLAND HOSPITAL EDUCATION & RESEARCH FOUNDATION INC

EIN: 520901664 501(c)(3)

ELKRIDGE, MD

Total Revenue
$988,200
Total Expenses
$1,017,428
Total Assets
$1,278,730
Net Assets
$1,169,103
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1967
Legal Domicile
MD
Principal Officer
MARK S RULLE EDD
Phone
4103796200
Tax Period
2023-01-01 to 2023-12-31

MARYLAND HOSPITAL EDUCATION & RESEARCH FOUNDATION INC, founded in 1967, is a small nonprofit that reported $988K in total revenue in fiscal year 2023. Revenue decreased 13% compared to the prior year.

Mission

TO PROVIDE SEMINARS & PUBLICATIONS FOR MEMBER HOSPITAL PERSONNEL & OTHER HEALTHCARE ORGANIZATIONS TO PROMOTE OPERATIONAL IMPROVEMENT IN HOSPITALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $146,551
Program Service Revenue $814,992
Investment Income $20,913
Other Revenue $5,744
TOTAL REVENUE $988,200

Expense Breakdown

Grants Paid $0
Salaries & Benefits $643,267
Fundraising Expenses $0
Program Expenses $791,559
Other Expenses $374,161
TOTAL EXPENSES $1,017,428

Year-over-Year Comparison

2023 2022 Change
Revenue $988,200 $1,135,388 -0.1%
Expenses $1,017,428 $955,001 +0.1%
Net Income $-29,228 $180,387 -1.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
11
Independent Members
9
Employees
4
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$749,253
Total Directors
11
$1,025,101
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SUNIL MADAN MD CPE FACEP VICE CHAIR/SECRETARY 5.00
Officer Director
$0 $0 $0
TERRY LOVELL MAS DIRECTOR 1.00
Director
$0 $0 $0
MITCHELL SCHWARTZ MD DIRECTOR 1.00
Director
$0 $0 $0
LINDA JONES MHA CPCU DIRECTOR 1.00
Director
$0 $0 $0
NICOLE ROCHESTER MD BOARD CHAIR 5.00
Officer Director
$0 $0 $0
MSHAFEEQ AHMED MD MBA FACOG DIRECTOR 1.00
Director
$0 $0 $0
ROBERT ATLAS UNTIL 21023 DIRECTOR 1.00
Director
$0 $9,752 $537,273
WILLIAM SHEAHAN MPA EMT DIRECTOR 1.00
Director
$0 $0 $0
KELLY HAYNIE DHA MPA DIRECTOR 1.00
Director
$0 $0 $0
SHELLIE WILLIAMS MSN MHA RN CRNN DIRECTOR 1.00
Director
$0 $0 $0
MEGHAN MCCLELLAND DIRECTOR 1.00
Officer Director
$0 $11,970 $487,828
MARK S RULLE EDD PRESIDENT 37.50
Officer
$227,937 $33,488 $261,425
LYNDLEY ANDREWS PROGRAM CONSULTANT 37.50
Highest
$115,699 $4,045 $119,744
KATRINA COLEMAN PROGRAM CONSULTANT 37.50
Highest
$119,041 $21,103 $140,144
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $988,200 $1,017,428 $1,278,730 $-29,228
2022 $1,135,388 $955,001 $1,359,805 $180,387
2021 $1,219,140 $945,507 $1,244,550 $273,633
2020 $999,175 $954,586 $970,746 $44,589
2019 $1,273,431 $1,220,208 $921,446 $53,223
2018 $1,268,696 $1,212,786 $848,988 $55,910
Explore More Nonprofits
→Top 100 Nonprofits in Maryland →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare MARYLAND HOSPITAL EDUCATION & RESEARCH FOUNDATION INC with other nonprofits in Maryland and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.